“Anticipated layoffs as major operator points to ‘difficult macro environment’ for the energy sector.
UK to ease windfall tax to boost investment in the North Sea
Jeremy Hunt has disclosed strategies aimed at easing the Government’s windfall tax on oil and gas companies, following alerts about a potential large-scale job loss in the North Sea.
Repeated attacks on North Sea oil and gas are economically illiterate
The windfall tax was bad enough. Labour’s plan to stop all new investment is economic insanity on an unprecedented scale. My thoughts below
The enormous North Sea oil field that might represent Britain’s final reservoir.
As Labour waits in the wings, the fate of Britain’s fossil fuel resources remains uncertain.
The lack of support from the UK and Scottish governments caused oil giant to pull out of Cambo field.
Shell pulled out of a major North Sea oil project that was supposed to help secure UK energy supplies. This was in addition to lacklustre political support from Westminster and